Rental property numbers - what is wrong here?

[Brian Reichardt]

Looking at a potential rental in the Houston Area.  My agent is telling me there are multiple offers above list. I can't seem to make the numbers work. Any thoughts as to what I'm doing wrong?  

https://www.biggerpockets.com/calculators/shared/4...

Thanks for any feedback.

[Mark Sewell]

I did a flip on my first deal and I managed to talk myself into a really marginal deal.  Lost money on it.  Worst thing is my HM lender tried to tell me.  He was right.  

Better to sit alone at the bar a few more nights than go home with that quirky strange one with real issues.